FISHERS, Ind., Aug. 10, 2017 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced the grand opening of its STANLEY Security North America headquarters in Fishers, Indiana. The $16 million, 80,000-square-foot facility will house 350 STANLEY Security employees who will be brought together in one building from various locations throughout the Greater Indianapolis area. STANLEY Security is an approximately $2 billion provider of electronic security solutions with more than 9,000 employees.

"Today is an important milestone in the continued growth and evolution of our Security business and we are excited to bring our employees together here in one location in Indiana, where we have maintained a strong presence for nearly two decades," said Jim Loree, President & CEO of Stanley Black & Decker. "This state-of-the-art headquarters will provide a powerful new springboard from which to grow the Security business and develop the innovative security technologies of the future.

"The project could not have been completed without the help and financial assistance from the town of Fishers, as well as partnership from the County, State and Indiana Economic Development Corporation," said Loree, "and we want to thank everyone involved for their assistance on this project."

"As a leader in the security industry, we're thrilled to have STANLEY Security's new headquarters officially open for business in Fishers," said Fishers Mayor Scott Fadness. "The vision for Fishers leading in economic progress as a smart, vibrant and entrepreneurial city continues to grow momentum as the I-69 corridor builds out with great companies such as STANLEY establishing roots in our community."

The new headquarters will evolve into a showcase of the world's latest security products and services, and includes features and amenities designed to attract and retain the most high-caliber, talented employees in the area.

"Our new headquarters serves two purposes," said Robert Raff, President of STANLEY Security North America. "First, it is a destination for any customer who wants to see the very latest technology and innovation in the security industry, and secondly, it is a next-generation workplace for those who are passionately driven to help make the world safer."

Stanley Black & Decker operates the world's second largest commercial electronic security business, a $2 billion business unit focused on advanced electronic safety, security and monitoring solutions, eco-friendly automatic doors, as well as sophisticated patient safety and asset tracking within the healthcare space.

STANLEY Security, a division of Stanley Black & Decker (NYSE: SWK), is a provider of integrated security solutions defining the future of the security industry. STANLEY delivers a comprehensive suite of security products, software and integrated systems with a strong emphasis on service. STANLEY is powered by a culture of continuous innovation, providing revolutionary technology and unmatched customer service to commercial, institutional and industrial businesses and organizations. We focus on complete customer transparency and operational excellence in the five customer touchpoints: account management, installation, service, monitoring and billing. STANLEY takes pride in our signature approach to doing business – offering global resources, with a local touch. As one of the world's largest and most comprehensive security providers, we're protecting what's important to you by designing, installing, servicing and monitoring an extensive array of products and solutions that span the entire security spectrum: